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Apple stock hits highest since December on Samsung Note 7 fire crisis

October 10, 2016 by · Leave a Comment 

By Noel Randewich SAN FRANCISCO (Reuters) – Apple Inc's stock on Monday jumped 2.3 percent, reaching a high not seen since December, after rival Samsung Electronics Co Ltd suspended production of its flagship Galaxy Note 7 smartphones following reports of fires in replacement devices. Fires in the smartphones that were meant to replace devices that had been recalled because of their propensity to explode could be a disaster for Samsung and a potential boon to Apple. Apple's stock was up $2.66 at $116.72 in afternoon trading and was the largest contributor…

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Apple stock hits highest since December on Samsung Note 7 fire crisis

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Verizon may shift holiday marketing away from Note 7: spokeswoman

October 10, 2016 by · Leave a Comment 

Verizon Communications Inc, the largest U.S. wireless carrier, may shift marketing away from Samsung Electronics Co Ltd's troubled Galaxy Note 7 mobile phone heading into the critical holiday selling season, a company spokeswoman said on Monday. Samsung, the world's largest smartphone maker, announced a global recall of at least 2.5

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Verizon may shift holiday marketing away from Note 7: spokeswoman

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Salesforce still mulls bid for Twitter as shareholders resist: sources

October 10, 2016 by · Leave a Comment 

Salesforce.com Inc is still deliberating whether it should make an offer for Twitter Inc in the face of resistance from Salesforce shareholders over the strategic merits and valuation of such a deal, people familiar with the matter said on Monday. Twitter shares have lost as much as a third of their value since Oct. 5 on concerns the company has attracted less interest from potential acquirers than previously envisaged. Salesforce is deliberating whether it is worth making a lowball offer for Twitter in the coming days based on Twitter's…

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Salesforce still mulls bid for Twitter as shareholders resist: sources

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Samsung to halt global sales, exchanges of Galaxy Note7

October 10, 2016 by · Leave a Comment 

By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd said on Tuesday it will ask all global partners to stop sales and exchanges of the Galaxy Note7 smartphones, further deepening the smartphone

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Samsung to halt global sales, exchanges of Galaxy Note7